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The asset price “fuel” that our Federal Reserve has provided since March 2020 is going away soon. This will likely lead to continued volatility and a challenging backdrop for stocks-at-large. Periodic “flights to safety” could benefit secure dividend stocks. ...
127,000 Square Foot Lease with Hapag-Lloyd Brings Percentage Leased to Approximately 94% Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") announced today that it has signed a new 15-year lease for approximately five floors and 127,000 square feet a...
Preferred Apartment Communities, Inc. (NYSE: APTS) ("PAC" or the "Company") today announced that Daphne Bryson Jackson has been elected to its Board of Directors effective December 10, 2021. Ms. Jackson will serve as an independent director and is anticipated to stand for re-election at...
Inflation concerns have started to affect market sentiment, but it is highly uncertain if that will lead to a real market correction or just some short-term dips. I am continuing my monthly investment plans while still awaiting a market correction or possibly a real crash once market ...
National median monthly mortgage payments for homebuyers rose 17% Y/Y in October, outpacing the 13% increase average monthly rents during the same period, Redfin reports. The 0.4% M/M increase in rents, meanwhile, was the smallest in eight months. That could be a seasonal slowdown or it ...
STOR is a publicly-traded REIT that is focused on single-tenant operating real estate. Preferred Apartment Communities, Inc. primarily operates multifamily properties, with select investments in grocery-anchored shopping centers. We plan on investing weekly into these two dividend...
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced its disposition, on November 12 th , of Brookwood Center, an office property located in Birmingham, Alabama, to Pope & Land, a highly regarded Atlanta-based re...
Preferred Apartment Communities, Inc. (APTS) Q3 2021 Earnings Conference Call November 9, 2021, 11:00 am ET Company Participants Paul Cullen - EVP, IR Joel Murphy - CEO John Isakson - CFO Conference Call Participants Jason Stewart - Jones Trading Presentation Operator Good day, and welcome to...
Preferred Apartment Communities Inc. (NYSE:APTS) traded today at a new 52-week high of $14.20. So far today approximately 407,000 shares have been exchanged, as compared to an average 30-day volume of 306,000 shares. Preferred Apartment Communities Inc is a real estate investment trust t...
Preferred Apartment Communities (NYSE:APTS) stock inches higher by 1.2% in after-hours trading after the company raises its funds from operations outlook to $1.00-1.07 per share for 2021, up from $0.90-1.00 in the prior view. Tightens same-store multifamily net operating income grow...
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Blackstone (NYSE: BX) and Preferred Apartments Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) today announced that Blackstone Real Estate Income Trust, Inc. (“BREIT”) has completed its previously announced acquisition of PAC for $25.00 ...
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC” or the “Company”) announced that, at the reconvened special meeting of stockholders (the “Special Meeting”) held today, its stockholders approved the acquisition of PAC by Blackstone Real...
Preferred Apartment Communities, Inc. (NYSE: APTS) (“PAC”) today announced that independent proxy advisory firm Egan-Jones Proxy Services has recommended that PAC stockholders vote “ FOR ” the previously announced all-cash acquisition of PAC by Blackstone...